Actuarial Analyst III

Work Location:

Montréal, Quebec, Canada

Hours:

35

Line of Business:

Data & Analytics

Pay Details:

100 000 $/$100,000 - 130 000 $/$130,000 CAD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description:

Direct actuarial related work / projects for own area, prepares, and performs a range of actuarial analysis, research and validations. Make recommendations for final work product or outcomes. May have primary responsibility in one or more functional or business area. Begin to communicate actuarial ideas and work product to a broad range of stakeholders.

KEY ACCOUNTABILITIES

CUSTOMER

Direct, prepare, perform, and analyze actuarial research and ensure risk mitigation and business growth objectives are aligned

Develop appropriate monitoring reports for analyzing company long tail claims experience

Collaborate with the claims operations team in the identification of key performance indicators and metrics

Build proper visualization (dashboards) or presentation to illustrate trends for the legal team

Develop analyses to identify areas of opportunities/improvements

Review and interpret the indications of standard actuarial techniques, and recognize situations that require modifications to normal procedures

Coordinate the preparation of documentation to support actuarial conclusions

Work in partnership with the claims operations and legal teams to provide day-to-day support and delivery of analytics

SHAREHOLDER

Develop and enhance functional procedures including review for actuarial soundness

Ensure maintenance of controls, policies and procedures for the actuarial function

Support implementation of best practices, risk mitigation, risk controls as well as process, policy and procedures for the actuarial function.

Assist with organization's financial structure, complete financial projections, and perform actuarial analysis

Adhere to enterprise frameworks or methodologies that relate to activities for our business area

Ensure respective programs/policies/practices are well managed, meet business needs, complies with internal and external requirements, and aligns with business priorities

Ensure business operations are in compliance with applicable internal and external requirements (e.g. financial controls, segregation of duties, transaction approvals and physical control of assets)

Participate in cross-functional / enterprise / initiatives as a subject matter expert helping to identify risk / provide guidance for complex situations

Conduct internal and external research projects; support the development/ delivery of presentations / communications to management or broader audience

Lead / facilitate and/or implement actions / remediation plans to address performance/risk/governance issues

Actively manage relationships within and across various business lines, corporate and/or control functions and ensure alignment with enterprise and/or regulatory requirements

Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts

Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite

Monitor service, productivity and assess efficiency levels within own function and implement continuous process / performance improvements where opportunities exist

EMPLOYEE / TEAM

Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensures timely communication of issues/points of interest

Provide thought leadership and /or industry knowledge for own area of expertise and participate in knowledge transfer within the team and business unit

Keep current on emerging trends , developments , reforms and grow knowledge of the business, related tools and techniques

May provide guidance on day-to-day professional work of other team members / actuarial analysts

Participate in personal performance management and development activities, including cross training within own team

May supervise other team members / actuarial professionals and/or provide day-to-day work direction where appropriate

Keep others informed and up to date about the status / progress of projects and / or all relevant or useful information related to day-to-day activities

Contribute to team development of skills and capabilities through mentorship of others, by sharing knowledge and experiences and leveraging best practices.

Lead, motivate and develop relationships with internal and external business partners / stakeholders to develop productive working relationships.

Contribute to a fair, positive and equitable environment that supports a diverse workforce

Act as a brand ambassador for your business area/function and the bank, both internally and/or externally

BREADTH & DEPTH

professional role requiring in-depth knowledge / expertise in own domain / field of specialty and working knowledge of broader related areas

Acts as a subject matter expert within their own area of specialty or a resource for others

Leads projects of moderately to complex risk and resource requirements; may lead end-to-end processes or functional programs

Solves complex problems requiring analysis of multiple variables, including consultation with multiple stakeholders

Uses advanced methods to contribute to new solutions and recommend standards against which others will operate

Builds stakeholder alignment in leading projects and activities; may provide process and subject matter advice at senior levels

Solves moderately complex problems by taking a new perspective on existing solutions

Generally reports to a Manager / Senior Manager

EXPERIENCE & EDUCATION

Bachelor's degree in A ctuarial S cience or related field

5+ years of actuarial experience in Property & Casualty insurance

Generally working towards a Fellowship (CAS or CIA)

Proficiency and interest in programming, preferably Python and SQL

Knowledge of Power BI an asset

Who We Are:

As part of TD Bank Group, one of Canada's largest financial institutions, at TD Insurance, we care for Canadian families, making it easy to get the best advice, protection, and support in their moments of need, always.

TD Insurance offers a wide range of products, including General Insurance and Life and Health. Everyday, we strive to make every interaction, product and experience remarkably human and refreshingly simple for more than four million customers who count on us.

• Our Total Rewards Package
• Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

• Additional Information:
• We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive bo